Coforge Q2 FY27 Results: Standalone Net Profit ₹210 Crore on Total Income of ₹3,884 Crore

Summary

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Total income rose 48.6% year on year, but net profit fell 42.0%. Other income of ₹72.40 crore equals 25.2% of profit before tax of ₹286.80 crore, so the year-earlier quarter depended more on it.

Finance costs rose from ₹14 crore to ₹79 crore, which is 2.0% of total income this quarter. The filing does not give the reason for the rise. Depreciation rose 11.9% to ₹86 crore. Tax expense of ₹76.50 crore is 26.7% of profit before tax, and the filing does not explain the tax rate.

Against the previous quarter, net profit rose 2.8%, slower than total income, which rose 21.4%. Exceptional items of ₹27.4 crore relate to the Encora acquisition and integration, and the filing does not split them further in this statement. Figures for the previous year have been reclassified to conform to the current presentation.

Inference

The results are standalone only. The statement shows no consolidated figures, so the group-level effect of these numbers cannot be read from this filing.

The filing shows a cash outflow of ₹5,159.20 crore for acquisition of a subsidiary in the half year, and a 940,500 option grant under the ESOP 2005 at ₹1,391 a share in the half year, none in the quarter. The Board has also appointed Price Waterhouse Chartered Accountants LLP as auditors for five years from 2027, subject to shareholder approval. Not stated: the reason for the fall in other income and the rise in finance costs, the name of the acquired subsidiary, and whether a dividend is proposed.

Reference: Original filing (PDF)